Automotive Holdings Group (AHG) has recorded an 11% drop in half-yearly operating net profit after tax as the Western Australian market continues its slump. That equates to A$43.9 million (NZ$46.89 million) for the six months Read More
Automotive Holdings Group (AHG) has recorded an 11% drop in half-yearl ...
Tesla has begun offering lifetime insurance policies to some buyers, with the packages also covering vehicle maintenance. According to Tesla’s president of global sales and service, Jonathan McNeill, the insurance and maintenance package has been Read More
Tesla has begun offering lifetime insurance policies to some buyers, w ...
Jerry Clayton BMW, the longstanding BMW dealership on Auckland’s North Shore, has changed its name to Continental Cars BMW.
Managing director of Sime Darby Motors New Zealand and Australia Pat McKenna says the name change brings Jerry Clayton BMW into alignment with the group’s New Zealand prestige car strategy.
“[This] is built upon the strength and future development of the Continental Cars’ brand,” he says. Continue reading “Jerry Clayton BMW becomes Continental Cars” »
An artist’s impression of the new BMW dealership on Wairau Rd Jerr ...
Ford New Zealand is undertaking a brand refresh and makeover of its service offering – including a loan vehicle program for its customers.
The changes are part of a plan that was rolled out in Australia in 2015. They also include extended roadside assistance, a map update service, and vehicle report cars.
The loan car system will allow customers booking in their Ford for any scheduled service, will also now be able to book a late model Ford loan car. Ford will offer its customers service loan cars with every scheduled service beginning this month. Continue reading “Ford launches service makeover” »
Ford New Zealand is undertaking a brand refresh and makeover of its se ...
The Concept X-Class Ute finally touched down in Melbourne last week. It’s a sign that preparations are underway for the highly anticipated release of the vehicle in 2018.
The X-Class was flown in from Germany for a number of promotional activities, including a series of photo shoots.
It also featured at the Mercedes-Benz Vans Australia and New Zealand National Dealer Conference held in Melbourne. Continue reading “Mercedes Benz dealers get a glimpse of new Concept X Class” »
The Concept X-Class Ute finally touched down in Melbourne last week. I ...
Hiroto Saikawa has been appointed chief executive officer at Nissan at the recommendation of current boss, Carlos Ghosn.
Ghosn will continue to serve as chairman of the board, and he will seek a renewal of his mandate at the company’s general shareholders meeting in June 2017.
The management evolution follows the recent expansion of the Renault-Nissan Alliance to include Mitsubishi Motors, which positions the Alliance among the top automotive groups in terms of scale. Continue reading “Carlos Ghosn steps down as Nissan CEO” »
Hiroto Saikawa CEO Nissan Hiroto Saikawa has been appointed chief e ...
Toyota Motor Manufacturing Alabama in the United States is celebrating the production of five million engines.
If the engines were lined up side by side over the 14-year period they were produced, they would stretch from Huntsville, Alabama to Los Angeles in California, Toyota says.
“Five million, that’s incredible. You just don’t think in those terms,” says Theodore Bridgeforth, a group leader and original team member who helped produce the first engine in 2003. Continue reading “Five million engines produced at Toyota plant” »
Toyota Motor Manufacturing Alabama in the United States is celebrating ...
The air buzzed with excitement at Shed 10 on the Auckland waterfront last night, as the US electric vehicle car maker Tesla launched its NZ operations.
Especially excited were the eight initial car buyers and their families, who took delivery of their much-awaited Tesla cars.
Before an audience of more than a hundred customers, who had also pre-ordered Tesla vehicles, the eight vehicles were featured behind red ropes with the name and Tesla model printed on the floor beside each vehicle. Continue reading “Excitement as Tesla launches in NZ” »
The air buzzed with excitement at Shed 10 on the Auckland waterfront l ...
The government is today releasing the terms of reference for the fuel market financial performance study.
The study, being undertaken by the Ministry of Business, Innovation and Employment, will take an in depth look at fuel company finances to determine if the price New Zealanders are paying at the pump is reasonable.
“Petrol and diesel are fundamental to New Zealander households and businesses and I am concerned that the difference between what fuel is imported and sold for (fuel margins) has steadily increasing over some years,” says energy and resources minister Judith Collins. Continue reading “Fuel price enquiry terms of reference released” »
The government is today releasing the terms of reference for the fuel ...
Infometrics’ latest forecast is predicting GDP growth over the three years to June 2019 will average more than 3% a year.
However, Infometrics Chief Forecaster Gareth Kiernan believes the stable outlook for growth masks several risks that hang over the economy.
Despite the unemployment rate edging up to 5.2% in data released this week, the labour market has been tightening across the board. Continue reading “Unemployment declining but 12% property drop could derail growth” »
Gareth Kiernan Infometrics’ latest forecast is predicting GDP growt ...